A target date fund approaches your goals by varying the percentage of the portfolio invested in bonds and cash.
My approach doesn't rely on those fixed income instruments to mitigate risk, so isn't exposed to rising interest rates as directly.
In short, it's a new kind of target date fund (in a sense) that is smarter in the present environment.
A target date fund approaches your goals by varying the percentage of the portfolio invested in bonds and cash.
My approach doesn't rely on those fixed income instruments to mitigate risk, so isn't exposed to rising interest rates as directly.
In short, it's a new kind of target date fund (in a sense) that is smarter in the present environment.